Drying and curing equipment market is expected to reach USD 637.0 million in 2026

The Drying and Curing Equipment Market was valued at $546.9 million in 2021 and is expected to reach $637.0 million in 2026, growing at a CAGR of 2.6% over the period 2021-2026.

RAIPUR, India, February 17, 2022 /PRNewswire/ — Stratview Research, a Leader market research firm launched a report on Drying and Curing Equipment Market which provides in-depth analysis of market dynamics, current and emerging trends, industry forecasts and competitive landscape.

Click here to get the free sample pdf-https://www.stratviewresearch.com/Request-Sample/2013/Drying-Curing-Equipment-Market.html#form

How is the report useful?

The report has great utility for key decision makers and strategists in terms of accurate market insights, future growth opportunities, and key success factors.

Most importantly, the report analyzes the possible impact of COVID-19 on the market dynamics, which provides cushion against the uncertain business environment and helps streamline resources and investment decisions fruitfully.

What are the main market drivers?

According to the report, the Drying and Curing Equipment market is influenced by a host of factors, some of which are noted below:

  • The increasing requirement of dryers for drying materials, involved in manufacturing, printing and building materials industry.
  • The growing investments in research and development activities and growing technological advancements in the drying and curing equipment market.

The report also includes growth rate estimates based on the intensity of drivers and restraints and provides users with several graphical illustrations of key information.

Drying and Curing Equipment Market Segmentation:

Stratview Research has segmented the market in the following 3 ways that meet the market data needs of multiple stakeholders across the industry value chain.

  • Type (IR curing equipment, UV curing equipment and others)
  • Application (Manufacturing industry, building materials industry, printing industry and others)
  • Region (North America, Europe, Asia PacificMEA, South America)

Overview of the drying and curing equipment market

Market Trends by Type

By type, the curing and drying equipment market has been divided into UV curing equipment, IR curing equipment and others.

Under this segment, UV and IR, both segments experiencing healthy growth rate in the global drying and curing equipment market. Growing technological advancements and increased adoption of latest drying tools are considered to be the most significant factors creating a high demand for drying and curing equipment across the globe.

Which region offers the best opportunity and growth?

The North American and European market witnessed the highest market share in fiscal 2020 and is expected to grow at a high CAGR during the considered period. This is mainly attributed to the increasing customer demand for drying and curing equipment in all regions.

Technological advancements and increasing business expenditures are some of the factors that are creating a high demand for drying and drying equipment in these regions. Additionally, growing economies in developing countries are propelling the demand for drying and curing equipment. This factor further ensures the growth of the drying and curing equipment market over the forecast period.

Impact of COVID-19 on the Drying and Curing Equipment Market

COVID-19 has brought an instant halt to many industries around the world. Lockdown norms in several countries quickly affected the global economy by affecting supply chain, production and market demand. The direct and indirect impacts of the pandemic have been integrated into this report.

To learn more about the impact of covid-19, get a free sample report, https://www.stratviewresearch.com/Request-Sample/2013/Drying-Curing-Equipment-Market.html#form

Who are the best market players?

After in-depth analysis of the market, the experts have listed few key players and discussed the company profiles of the players below –

  • IST METZ GmbH (Germany),
  • Heraeus (Germany),
  • GEW (United States),
  • Phoseon (USA),
  • Lumen dynamics (Canada),
  • Miltec (USA),
  • Nordson (USA),
  • AMS (USA),
  • Kyocera (Japan),
  • Panasonic (Japan)

What deliverables will you get in this report?

  • In-depth analysis of the drying and curing equipment market.
  • Detailed market segmentation.
  • Analysis of the competitive landscape.
  • Historical, current and future market size analysis.
  • Industry trends, technologies and advancements.
  • Growth and operating strategies adopted by key players.
  • Potential segments/regions offering promising growth.
  • Geographical presence of the main players.

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About Us –

Stratview Research is a global market research company that offers reliable market reports, market entry strategies, strategic growth advice, and more. Market experts compile high-quality market information to help users gain granular level clarity on current business trends and expected future developments. Stratview Research also offers report customization. Contact the analysts to customize the given report according to your priority/requirement.

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SOURCE Stratview Research

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